BlackRock Municipal 2030 Target Term Trust
107 hedge funds and large institutions have $287M invested in BlackRock Municipal 2030 Target Term Trust in 2022 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 37 increasing their positions, 31 reducing their positions, and 19 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 31
0.8% more ownership
Funds ownership: 18.99% → 19.8% (+0.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $297M → $287M (-$9.72M)
5% less funds holding
Funds holding: 113 → 107 (-6)
26% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
XF
XML Financial
Bethesda,
Maryland
|
+$4.09M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.77M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.69M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$2.08M |
| 5 |
VanEck Associates
New York
|
+$1.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
-$2.1M |
| 2 |
LWM
Laidlaw Wealth Management
New York City,
New York
|
-$1.51M |
| 3 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
-$1.31M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$957K |
| 5 |
DAC
Dividend Assets Capital
Ridgeland,
South Carolina
|
-$678K |
BTT Hedge Fund Activity: Q3 2022 in Review
107 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q3 2022, worth a combined $287M — down 3.3% from $297M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of BTT and 14 opened new positions — a net loss of 5 holders — while 31 trimmed existing stakes and 37 added.
The largest buyer was XML Financial, opening a new position worth an estimated $4.09M. The largest seller was Mackay Shields LLC, cutting an estimated $2.1M.
- 107 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q3 2022, down from 113 in Q2 2022.
- Funds reported $287M of BlackRock Municipal 2030 Target Term Trust stock for Q3 2022, down 3.3% quarter-over-quarter.
- 14 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q3 2022 and 19 closed out, a net change of -5 holders.
- The largest BlackRock Municipal 2030 Target Term Trust buyer in Q3 2022 was XML Financial, an estimated $4.09M added.
- The largest BlackRock Municipal 2030 Target Term Trust seller in Q3 2022 was Mackay Shields LLC, an estimated $2.1M sold.
Based on aggregated 13F filings for Q3 2022.